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    The Textile Industry Does Not Increase Profits, And Brand Clothing Becomes A "Treasure Bowl".

    2012/7/17 9:32:00 18

    Textile IndustryIncreasing IncomeBrand Clothing

    According to flush (17.170, -0.33, -1.89%) iFinD statistics, as of July 16th, 54 textile and clothing

    Listed company

    Early warning is issued.

    Among them, only 5 companies increased in advance; 23 companies slightly increased; 6 companies slightly reduced; 4 companies pre reduced; 6 companies lost the first time; 9 companies continued losses and 1 companies lost their profits.


    In the past two years, China's textile industry has experienced the cotton price "roller coaster", and then faced with the pressure of RMB appreciation. The most important thing for textile enterprises is the rising cost of labor. The cost of spinning enterprises has been rising continuously due to various factors, and the profit margins of textile enterprises are also constantly shrinking.


    Textile industry does not increase profits


    The current textile industry has seen the situation of increasing profits without increasing profits. In the face of the growth of the main business, the main reason for the loss of net profit is high cost.


    According to flush iFinD statistics, 26 companies in the 54 companies that announced the early warning were negative.

    Among them, Changshan shares (3.35,0.00,0.00%) temporarily live in the first place, the first half of the company is expected to lose first, net profit loss of 40 million yuan, a decrease of 318.18% over the same period.


    In explaining the causes of losses, Changshan shares said that due to the weak international demand, the sluggish domestic demand, the increase of domestic and international cotton price differentials and the increasing cost of elements, the cost of textile products increased and the selling price dropped significantly compared with the same period last year, resulting in a decline in profitability and a loss in the main business of the company.


    In addition, statistics show that, ST road B, deep textile A (7.19,0.00,0.00%), deep textile B (4.430,0.00,0.00%), Chinese clothing (8.11, -0.02, -0.25%), ST Rey B (1.810, -0.04, -2.16%), Vico essence (5.52, 1.810), Huarun Jinhua net profit is expected to decline by more than 100%, the decrease ranges from 224.02% to 183.52%, 217.41% to 186.52%, 217.41% to 186.52%, 217.02% to 217.02%, about 80%, and 0 to 0, respectively.


    For the loss of the China Daily, the reporter interviewed a company listed on the textile industry in advance.

    Negotiable securities

    Departmental reporters told reporters that the wages of the company went up too fast in the past two years, which greatly increased the cost of the company.

    In addition, the fluctuation of cotton prices and the rising of RMB are also further reducing the profit margins of textile enterprises.

    "The main business revenue of the textile business last year's annual report is rising, but net profit is still losing money."


    Low cotton price


    For the loss of the textile industry, insiders pointed out that cotton prices were low and high.


    According to the monthly report of China cotton textile enterprise production analysis released by the China Cotton Association in May, the domestic textile raw material market continued to decline in May, and the decline was larger than that in April. The number of enterprise purchases decreased by 9.8% compared with that in April, and the number of raw material procurement decreased. However, the number of imported cotton increased significantly from the price advantage, and the number of purchases increased significantly, with an increase of 42.5%.


    Ma Junkai, Deputy Secretary General of Shandong Dezhou Cotton Association, said that all cotton textile enterprises using cotton as raw material are in a state of loss.

    At the same time, the use of cotton and chemical fiber mixed textile enterprises, is in between micro deficit and small profits.

    The new fiber enterprises, which do not use all cotton chemical fibers, have made profits, but their profitability has dropped significantly over the past few years.


    According to statistics, there are 8 cotton textile listed companies, of which 3 companies have slightly reduced net profit; 1 companies have continued losses; and 4 companies have slightly increased.


    In the first half of this year, ST lost its net profit and lost 12 million yuan to 8 million yuan.

    In addition, 3 companies such as 4.04 (-0.01, -0.25%), lufa share and 60.00,0.00,0.00% are

    Decline in performance

    The decline ranges from 40% to 10%; from 40% to 0% and net profit from 113 million 700 thousand yuan to 162 million 430 thousand yuan, a decrease of 30% to 0%.


    In addition, there is a risk of negative growth even in 4 slightly increased companies.

    Among them, the growth of net profit of Xinye and 5.40,0.00,0.00% shares was -20.00% to 10%, while the net profit growth rate of the textile industry (3.36,0.01,0.30%) rose from -10.00% to 10%.


    In the above cotton textile companies, only 41.00,0.25,0.61% and dream home textile (17.90, -0.10, -0.56%) net profit growth range from 0 to 30%, a slight increase.


    Brand clothing has become a "treasure bowl".


    Compared with the decline in the performance of the textile industry and cotton textile industry, the listed companies with brand clothing are much more relaxed and the performance growth is more gratifying.


    According to the statistics of flush iFinD, in the 54 textile and apparel listed companies that issued early warning, only 5 companies, including 13.06 birds, -0.19 (-1.43%), card Nu Di Road (43.44, -0.45, -1.03%), Hongda high tech, China silver industry (10.06,0.01,0.10%), and Thailand (8.76,0.06,0.69%), reached 5 yuan, an increase of 30% to 60%, an increase of 50% to 60%, a net profit of 47 million 360 thousand yuan to 56 million 830 thousand yuan, an increase of 50% to 50%, and a net profit of RMB yuan to Yuan Yuan.


    In addition to the above 5 increase, 23 companies in 2012 reported a slight increase in early warning.

    Among them, there are 4 companies with a net profit growth rate of up to 50%, mainly in the clothing industry.


    Shenyin Wanguo (micro-blog) analysis, the newspaper pays more attention to brand clothing.

    It is expected that men's clothing will grow more robust in the report, and home textile needs to pick up in the second half of the year.

    In the first half of this year, the external demand and the decline in orders caused the export of textile manufacturing enterprises to shrink. It is expected that the textile industry's fundamental improvement and the policy adjustment effect will take some time.


    According to statistics, search at special (23.95, -0.21, -0.87%) expects 2012-01-01 to 2012-06-30 performance growth range from 30% to 50%, while the company's net profit in the same period last year amounted to 65 million 459 thousand and 300 yuan.

    In addition, seven wolves (25.38, -0.32, -1.25%), Pathfinder (18.880, -0.12, -0.63%) and long (35.45, -0.05, -0.14%).

    Net profit

    The maximum growth rate is 50%.

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